I’m new to the insurance industry and found your article very helpful. Thank you! I do have a question – is it still considered rebating if a carrier (not an independent agent) offers these types of rewards? If so, how is it possible for large carriers like Nationwide, Allstate, State Farm, etc., able to offer their policyholders these incentives?
I’m new to the insurance industry and found your article very helpful. Thank you! I do have a question – is it still considered rebating if a carrier (not an independent agent) offers these types of rewards? If so, how is it possible for large carriers like Nationwide, Allstate, State Farm, etc., able to offer their policyholders these incentives?
Suggesting an edit. Value-Added Rebate Services, Paragraph 7; “insure” to “ensure”.